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Hot Property: Ashlee Simpson puts Beverly Hills compound up for sale

Singer-songwriter-actress Ashlee Simpson has listed a Mediterranean-style villa on a private street in Beverly Hills for $4 million.

More details on the walled and gated courtyard-centered compound, with five bedrooms and 6 1/2 bathrooms in 7,100 square feet of living space on more than half an acre, are here.

Simpson bought the property in 2007 for $4.5 million, according to public records.

The actress' 90210 ZIP Code had 212 single-family home sales in 2009 at a median price of $2,775,000. According to MDA DataQuick, that was a 17.2% drop from 2008. In comparison, the ZIP Code had 188 home sales in 2008 at a median price of $2,930,000 -- a 2.3% drop from 2007.

--Lauren Beale

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Photo: The living room features cathedral-beamed ceilings, walnut plank floors and French doors that open to decks with views. Credit: Courtesy of Sotheby’s International Realty